Saturday, December 6, 2008

How Gannett Newspapers Got into This Fix

From Paul Oberjuerge:

Or, we could subtitle this post, “the numbers at Gannett leak out, and they reinforce what Gannett veterans already knew.”

That is, Gannett never has owned newspapers. By its own preferred corporate-speak, it has owned “profit centers” — and the greedy bastards who ran the company were bold enough to call it just that. [Click for MORE]

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